The 2.875% convertible notes are due 2031

Davis Polk acted as special product counsel to the representative of the several initial purchasers in connection with a Rule 144A offering by Live Nation Entertainment, Inc. of an aggregate principal amount of $1.3 billion of its 2.875% convertible senior notes due 2031.

Headquartered in Beverly Hills, California, Live Nation Entertainment, Inc. is the world’s leading live entertainment company comprised of global market leaders Ticketmaster, Live Nation Concerts and Live Nation Sponsorship.

The Davis Polk equity derivatives team included partner Mark M. Mendez and associate Alexander S. Pettingell. The tax team included counsel Yixuan Long and associate Seokwon (Eric) Jang. All members of the Davis Polk team are based in the New York office.